You're right! Beware of buying a house foreclosures, always be smart and check the background or papers direct to the owner. Unfortunately, the online foreclosure industry site, RealtyTrac, recently released its quarterly report on the market, concluding that more than one in four residential home deals in the United States during the first quarter were sales of foreclosure houses. A glut of foreclosures will decrease the price of homes and hold back market recovery. Last week's Labor Department report showed further slowing in the recovery of the nation's jobs market. The slow financial recovery proceeds at snail's pace.